05/20/2021

Aldrin Gonzales | May 19, 2021

S&P 500 (SPY) Held support 407.09. Russell 2000 (IWM) Support 215. Resistance 223.08. Dow (DIA) 335.99 support. Nasdaq (QQQ) 327.50 resistance. 316 support. KRE (Regional Banks) 71.82 resistance. 68.19 support. SMH (Semiconductors) 222.82 support. Closed over the 10-DMA at 232.68. IYT (Transportation) 282.40 resistance. 267.92 support. IBB (Biotechnology) 147.25 support. XRT (Retail) Needs to get back over the 50-DMA at 91.56. Volatility Index (VXX) 38.22 minor support. Did not close over the 50-DMA. Junk Bonds (JNK) confirmed a cautionary phase with second close under the

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